Besides textiles, China-Korea FTA is likely
to impact exports of more than 2,000 items to China, particularly when
Korea has already inked similar agreements with the EU and the US…The
China-Korea FTA would prove detrimental to Taiwan, especially if it
takes form before the conclusion of cross-strait negotiations between
Taiwan and China for further facilitations of mutual trade…According to the Ministry of Economic Affairs, industrial machinery,
petrochemical materials, machine tools and textile goods are all
included in the list of items whose exports from Taiwan to China overlap
with those from Korea. ”